GE in Saudi Akram Hamad President & CEO GE Gulf. 2 GCC Growth Drivers.
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Transcript of GE in Saudi Akram Hamad President & CEO GE Gulf. 2 GCC Growth Drivers.
GE in Saudi
Akram HamadPresident & CEOGE Gulf
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GCC Growth Drivers
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GE’s four business segments
Market leadership
Domain expertise
Competitive advantage
Financial strength
GE Technology Infrastructure~$46B
GE Energy Infrastructur
e~$38B
NBC Universal
~$17B
GE Capital~$67B
*FY 2007 revenues
GE is a family of businesses aligned with our customers’ needs, acting as one company to drive growth
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GE in Saudi Arabia
• Three GE Healthcare training & support centers
• GE Water & Process Technologies chemical blending facility
• GE CoE-manufacturing gas turbine parts in JV with MEELSA
• GE Sensing JV with SASSCO • ‘GET Water’ mobile water
desalination systems in Jeddah & Dammam
Fast FactsEmployees: 780Revenues: ~ $3 billionLocations: 6
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Building a talent pipeline of expertise; a growing local workforce of high expertise, focus on skills development, training and R&D
GE Healthcare
GE Energy
Building a ‘Saudi GE’
Partnerships Localization
Knowledge Transfer
Establish relationships with ‘one government’ by addressing needs and matching the GE offering – “Country to Company Strategy”: Saudi Arabia
Create a series of investments & developments programs – Building capacity and capability - Build local service workshops, assembly plants in Partnerships with Private sector
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